Plan Snapshot
- Plan Sponsor: John Bean Technologies Corporation
- Sponsor EIN: 911650317
- Sponsor Address: 70 WEST MADISON STREET, SUITE 4400, CHICAGO, IL, 60602
- Plan Type: DB
- Total Participants: 87
- Total Assets: $185.5M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 87 | $185.5M | $0 | $0 |
| 2023 | 547 | $234.8M | $0 | $0 |
| 2022 | 595 | $233.2M | $9.0M | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| AON CONSULTING | Recordkeeper | $1,166,423 | — | $1,166,423 |
| AETNA LIFE INSURANCE COMPANY | Other Service Provider | $702,650 | — | $702,650 |
| THE NORTHERN TRUST COMPANY | Other Service Provider | $451,646 | — | $451,646 |
| NISA INVESTMENT ADVISORS L.L.C. | Other Service Provider | $67,490 | — | $67,490 |
| PROSKAUER ROSE LLP | ERISA Attorney | $55,760 | — | $55,760 |
| MAYER BROWN LLP | ERISA Attorney | $13,845 | — | $13,845 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AON CONSULTING — Recordkeeper
- PROSKAUER ROSE LLP — ERISA Attorney
- MAYER BROWN LLP — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,457,814
- Estimated Expense Ratio: 1.325% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $2,795,326 | $67,490 | — | — | — |
| 2023 | $2,049,128 | $81,718 | — | $3,802 | — |
| 2022 | $1,973,808 | $93,309 | — | — | $323,150 |